For during the whole of this period Anzin has been what it still is, the coal-capital, as St.-Gobain is the glass-capital, and Creuzot the iron-capital of France. Its mines produce about one-tenth of the total output of French coal. A falling off, therefore, in the output of the Anzin mines may be fairly enough taken as an indication of disease in the body politic of France. The most considerable falling off in this output of late years was in 1884, when the production fell to 1,720,306, from 2,210,702 in the preceding year, 1883. Two of the great French industries, the iron industry and the sugar industry, both of them most important consumers of coal, were then passing through a period of depression, the over-production of sugar in Germany having seriously damaged the French sugar-producers in particular. To meet the pressure put upon them by the decline in the demand for coal, the directors of the Anzin Company found it necessary to carry out certain economies, either through a reduction of wages or through some modification in their methods of production. If they had been allowed to do this through an undisturbed arrangement with their workmen, there is no reason to doubt that it would have been done with little friction, and with no injustice to anyone. Wages at Anzin had steadily risen from a daily average, for the surface workmen, of 3 fr. 67 c. to 4 fr. 52 c. in 1883, concurrently with the development at Anzin of that system of practical participation in the profits to which I have already alluded. For the subterranean workmen, the advance had been from 3 fr. 38 c. in 1879 to 3 fr. 72 c. in 1883. The spirit in which the Anzin Company has been administered from the beginning is strikingly illustrated by the steady advance in the wage of the workmen. In Belgium, one of the chief seats of the competition with Anzin for the coal-market of France, on the contrary, the wages of the workmen are subject to the fluctuations of the general market. In 1873, for example, the average wage of the workmen in the mines of Hainault, as given to me by M. Guary, was 4 fr. 69 c., or about 25 per cent. above the average wage of 1883 at Anzin. But 1873 was the year of the great advance in coal. In 1876 the average Hainault wage fell to 3 fr. 45 c.; in 1879 it fell to 2 fr. 68 c., and in 1880 it stood at 3 fr. 6 c. By 1880 the average wage at Anzin had risen (and steadily risen) to 4 fr. 23 c.